Home / Knowledge / News / Textiles / MD & CEO Downstream Iain Conn to step down from BP's BoD
MD & CEO Downstream Iain Conn to step down from BP's BoD
28
Jul '14
BP announced that Iain Conn, Group Managing Director and Chief Executive, Downstream, is leaving the company and is to step down from BP’s board by the end of the year.
 
Conn has had a career of 29 years with BP, serving on the board  for the past 10 years and in his current Downstream role for the past seven. The Downstream comprises BP’s three main global customer-facing businesses: Fuels, including refining; Lubricants (principally under the Castrol brand); and Petrochemicals. Under Conn’s leadership, BP’s Downstream segment has been repositioned strategically and operationally. Conn also holds group regional responsibilities for Europe, Asia and Southern Africa.
 
Conn will hand over the role of Chief Executive, Downstream to Tufan Erginbilgic on 1 October 2014. Erginbilgic is currently Chief Operating  Officer for BP’s fuels businesses globally, which includes responsibility for BP’s global refining function. He is an engineer by training and has long experience in BP’s Downstream businesses, having previously led both BP’s fuels  and lubricants businesses.
 
Conn’s regional responsibilities for Europe and Asia will be assumed by Dev Sanyal,  BP’s Executive Vice President, who is appointed Executive Vice President, Strategy and Regions.
 
Carl-Henric Svanberg, Chairman of BP said: “As a member of BP’s  board and leadership team for the past decade and more, Iain has made a major  contribution to shaping today’s BP. I have greatly enjoyed working with him during  my time as Chairman and, on behalf of the whole board, wish him the best for  the future.”
 
Bob Dudley, BP Chief Executive said, “Iain has led the  repositioning of BP’s Downstream business over the past few years, transforming  and greatly strengthening both its portfolio and performance – financially and  also in terms of safety and operations. He has been an invaluable member of the  executive team and, for me personally, a great support. He leaves with my very  best wishes.”
 
Iain Conn commented, “Working for BP for the past 29 years has  been a wonderful experience and my time working with BP’s customer-facing  businesses since 2007 has been both challenging and greatly satisfying. It has  been a privilege to lead the very capable Downstream team in its achievements  and to help shape BP’s agenda in key geographies.”
 

BP


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Courtesy: Badger Sportswear

Apparel/Garments | On 12th Dec 2017

Badger Sportswear acquires Alleson Athletic

Badger Sportswear, a leading manufacturer of athletic apparel and...

Interviews View All

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search